3 Top E-Commerce Stocks That Delivered Blowout Earnings
E-commerce sales made up roughly 14% of total U.S. retail sales in 2020. That is roughly three times the proportion of total retail sales compared to 10 years ago, pointing to an unstoppable secular trend.
Three growth stocks with an e-commerce focus that investors should keep their eyes on are PayPal Holdings (NASDAQ: PYPL), Etsy (NASDAQ: ETSY), and Shopify (NYSE: SHOP). These companies continued to post stellar earnings results in the first quarter. But all three are trading well off their price highs set in mid-February and early March.
Let's look at how these companies performed and whether they are still good investments at current price levels.
Source Fool.com
